Robert de Vries and Aaron Reeves: Why do people care more about benefit ‘scroungers’ than billions lost to the rich?

The authors identify a phenomenon that we saw in the election of Donald Trump as president of the USA: People identify with the rich and powerful – to which they will never belong – rather than with those with the same class interests. Add to this that citizens no longer see government as something that serves them, but the bank accounts of the political class and their friends. In the case of the UK, they are not all that far off the mark.

The story keeps repeating itself. The corporate press praises a centre- left of centre-right politician as “progressive” and “socially fair” and what is the result? An enforcer of neo-liberalism. Read here Also read Oliver Davis […]

Germans believe that Donald Trump is introducing tariffs because he is stupid and aggressive. Hardly anyone talks aboutGermany’s obscene positive balance of trade. Germany’s mercantilism is no more reactionary than Trump’s policies – and no […]

Everyone expects the MPC to raise rates on Thursday. This would be a mistake. Discussion about interest rate changes in the press normally involve large amounts of data and charts about the state of the […]